The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-12-07
PRICE FIVE CENTS.

trade is entirely irrelevans' and yet the most
striking and interesting part Of the message is
devoted TO pI Iecisely that sort Of an argument
|i.n Mnicn any free-srads representative iE
congress or any free-trade professor in a col
leee classroom, the author of any
frSe-trade textbook on political economy would
Psg Pegln an attack upon the theory of protection.
fact about the message Mr. Cleveland has
never before In a public paper taken sides
squarey upon this question. He has done so
now in a manner that leaves room for no misuu-
derstanding 1t ia bold thing to do, and the
President deserves credit for the painness of
or haegilng, or juggling with words. So far
does he go upon the familiar lines of the free
trade speeches in Congress or elsewhere that We
nno MN betrayed here and there, no doubt
consciously. into exhibition of slight irrita-
tiou against American manufacturers as a
class. almost as il they were conspirators and
public enemies"
The Tribune says: ''For the first time In tbs
countrys history the Presidents annual message
terests, respecting which good citizens of all
parties agree and is exclusively devoted to an
issue between parties. President Cleveland
gives Congress no information about the fishery
question. the pending negotiations with
Great eaa Britain, Or relations ions with Other
the annual messages of previous Presidents was
when Mr. Buchanan devoted most of his ne
sage to defense OF his policy in Kansas. The
precedent can hardly be considered attractive,
In the light of Its results President Cleveland
seems refreshingly unaware that his entire
message is inspired by extreme fres-rrade theo-
rles lt seems beve
occurred to ths President that foreign
prices are, in fact. to large exten.
controlled by the American demand.
IL is hard to understand how the President
reconeiies his statements respecting the surplus
revenue with official reports of his subordiuates.
The Treasury Department has within a week re-
ported that the currency of all kinds in circuia-
tion, outside the treasury, is $52. 000, 600
than it was five months ago. and sll9 200
more tnan it seventeen months ago. and yet
the President afirms that a withdrawal from
use OF the peoples circulating medium has
lately subjected the business community to
distress = But the Presidents gravesf
error is the unfounded assumption that need
ful reduction of rsvenus best be attained by
lowering duties. and thus inviting larger i'm
political friends will keenly regret. and which
they Will labor to explain awav when they come
to confront the voters next fall" -
The Herald will say: s'The message is al
able, conservative aud statesmanlike document.
which, unlike many other messages. will be
read by the people aud discussed by them. We
would give greatly increased and permanent
prosperity TO our great 8oolen industry, and
able ours manufacturers in other branches az
the time to dispose of large Quantities OF
their products in wool-prosucinc countries. tc
the immediate benefit OF worklnen in almost all
branches of American manufactures. < The
measure will not please extremists of either
side, free-traders or protectionists. but it will
We believe, please and satisfy the people az
]
the solemn duty I'd relieve the country from
most serious dancsn"
The World viii sey: ''The admirable mes
sage of the President has given IN the Demo
cratic party what it has long lacked-au issus
and leader. the issue is tax reform. The
leader is the President. 1t can hardly
be that the President has not, at this iuucturc-
influence enough TO secure the union OF the
Democrats in the House upon measure OF
revenue reduction and tariff reform"
English Opinions.
LONDON. Dee 6-The synopsis OF President
Clevelauds message to Congress, which was
cabed here and published in the afternoon pa
pe-s. was read with a great deal of interest Tns
message. which is regarded generally impor-
tant. is warmly indorsed by fair-traders.
while free-traders assert that IL makes long
forward stride toward the goal of universal
freedom in .rade- The Consensus OF osinzor IN
THAI. should Congress ADOPT the suggestion
rzaGe BY Sir. Cleveland. the FIRST effect wonld
Dc oenefciai 20 large number OF Enslish IN.
dustries, though after time adjustment
would necessarily take place which would
inevitably work to the detriment of some othsrs.
On the whole the Recommendations set forth
are regarded as sound, though one or two OF
the newspapers profess to think otherwise. Tbs
ST. James Gazette speaks OF the action as q re-
markably sudden and altogether surprising
move, and in support of its criticisms of tbs
message, quotes Lord Overstones assertion thai
the commerce of England would receive Itt
first crushing blow when free trade should bz
adopted in the United States. Competition
with free trade in America. the Gazette says,
what Lord O7erstone seemed most to dread
and his fears shared and still enter
tanned by many of the leading nnanciere anG
merchants of the day
The Monring Post says: "The message Will
produce a profound sensation in Europe we'll
as in America. and will strengthen the free
traders cause throughout the world"
The Daily News says: Seldom has an Aneri-
can President had more impcrtant compre-
hensiye lesson to teach. The fact 10 that,
although President Cleveland makes 8 pretenss
to shutting eyes to il, the policy of projections
absurdity. The stone now set rolling will not
stop till the idea of protection is broken in
pieces"
The Telegraph asks: ''Is the President su-e
that it il TO the wool tariff alone that the a-gu-
appiiesl Is he certain that there NOT
large mum bers-not. perhaps in the farmin 2. bu<
in the waee-earning casses-ln America who lost
more by the enhanced prices of necessaries OF
life than they gain from increase in wages
by tbs protection of the Industries in which they
traders ask, and which, also American states
men may hear addressed to them by their coun<
trymen in different tone
The Times says: mo message ord is
more remarkable for a bold. outspoken dis
closure of a novel policy hitherto opposed or
ignored bv both political parties. IL il still more
remarkable that MIR. Cleveland he's the courage
to confront the seried phalanx OF pro-
tectonists tne eve of contest
for the presidency. So far a. England is con-
cerned il is questionable, whatever the impulse
resulting from the removal of the burdens
American industry whether America will nos
confront in formidable rivalry in both homg
and foreign markets. We have confidence, how
ever. in the laws by which. when trada IL free.
every nation discovers its fttes. work, and
turns its advantages To best account"
JOURNAL CLERK ROBINSON.